110 Gladiolus St, Momence, IL 60954
This exceptional 5,521 square foot commercial property located at 110 Gladiolus Street in Momence, Illinois, presents a unique investment opportunity. Previously utilized as an indoor gun range, the building offers a substantial and adaptable floor plan ready for a variety of commercial ventures. The property sits on a 0-acre lot and is priced at $500,000. Its strategic location ensures high daily traffic visibility, providing significant potential for attracting customers. The expansive interior space allows for creative repurposing and customization to suit diverse business needs. The building's existing infrastructure provides a solid foundation for a new business, minimizing initial setup costs and maximizing return on investment. This is an exceptional chance to acquire a well-positioned commercial property in a thriving area, offering significant potential for growth and profitability. The possibilities are limitless for entrepreneurs seeking a ready-made space to establish their business. The high traffic location ensures excellent exposure and accessibility for customers. This property is ideal for those seeking a turnkey solution or a blank canvas for a unique commercial venture. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.